Midcoast Interstate Transmission, Inc.
Second Revised Volume No. 1
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Effective Date: 11/01/2000, Docket: RP01- 4-003, Status: Effective
Substitute Original Sheet No. 85A Substitute Original Sheet No. 85A : Effective
Superseding: Original Sheet No. 85A
GENERAL TERMS AND CONDITIONS (continued)
(iii) In order for Shipper to post imbalances
to the Transporter’s Internet web site, it must
complete and submit to Transporter, the Monthly
Imbalance Trading and Netting Form No 1., in
accordance with the methods prescribed on such
form. Transporter must receive
such completed form by
11:45 a.m. Central Clock Time (“CCT”) in order for
imbalances to be posted by 8:00 a.m. CCT the next
business day. Upon receipt of such form,
Transporter shall post Shipper’s
imbalances to its Internet web site, to allow
Shipper to trade the specific quantity
with other Shippers. Any imbalances authorized
for posting by Transporter by 11:45 a.m. CCT
on the eighth (8th) business day of the month
shall be posted to Transporter’s Internet
web site on or before the ninth (9th) business
day of the month. Shipper
shall have the ability to view, and download such
postings. Transporter shall not be required to
post zero (0) imbalances.
(iv) In order for Shipper to trade and/or
net their imbalances, it must complete and submit
to Transporter the appropriate Monthly Imbalance
Netting and Trading Forms, as follows.
Form No. 2 shall be
used by the Shipper (the initiating
trader), to net imbalances across its own
transportation contracts.
Form No. 3 shall be used by the Shipper
(the initiating trader),
to trade imbalances
with other Shippers (the confirming trader).
Transporter must receive the appropriate
completed form, in accordance with
the methods prescribed on such forms, prior
to the seventeenth (17th) business day of the month.